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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.


Wall Street Journal Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Mr. Kovacevich's background, his style, and his success in mergin Norwest with Wells Fargo, and the challenge he faces merging Wachovia with Wells Fargo which may delay his retirement.
New York Times Original article ›
LyrArc Article Gist
Brown makes a stirring appeal to the British public and to members of his own party promising to take Britons through the difficult economic circumstances they face at a Lobor party gathering in Manchester, England. 11 years of Labor governments is leaving the British people with fatigue with Labor administrations and gives Conservatives high poll ratings but Brown as persevered amid all the rumors about challenges to his leadership and skeptical public. He has handled economic affairs for Labor for a long time and brings considerable experience at a time of economic crisis for Britain, and he will need to show the kind of leadership Britain needs in the present crisis.
Wall Street Journal Original article ›
BBC News Original article ›
LyrArc Article Gist
IEA Director Fatih Birol says conservation of energy plans should be undertaken by all nations. He says Gulf countries and Saudi oil output will not be the same even when the war ends and the shipping lanes in the Hormuz Straits will not be handling the volumes of 100 ships that passed through the sea channel before the Iran War. Yet he says the best solution is for opening the Straits of Hormuz. This raises some serious questions about depending on the Straits of Hormuz and the Persian Gulf for oil supplies in 2027 and beyond. Can conservation, new sources of oil, acceleration of renewable energy use and electric car technologies lead to making the Middle East oil supplies becoming redundant, doing without this supply or turning it into a marginal source which would lower oil prices even further to the $50 level? Energy use decline for the same or higher GDP levels have potential in the US, China and India. Japan and Germany have cut energy use by about 50% in Japan and 35% in Germany with slightly higher Real GDP levels than 1996 in Japan and a 50% increase in Germany over a 30 year period( using 2015 as base year).  Major renewable energy gains have been made in the last 10 years with solar and wind technologies and electric car technologies. Much of the gains in electric car technologies lies ahead and this would cut crude oil significantly for cars and trucks which makes up 60-70% of oil use. Add to this conservation technologies. Other sources of oil can be found. And Venezuelan, Alaskan oil can be ramped up to replace volatile sources from the Middle East.  ...
WSJ Original article ›
WSJ Original article ›
France 24 Original article ›
LyrArc Article Gist
Ghana, Kenya, South Africa and other countries are using locally developed technology to produce ventilators, vaccine delivery mechanisms, and 3D printed face shields. This local product is made at a tenth or less of the cost of it when imported from Europe or the U.S.

NYTimes.com Original article ›
WSJ Original article ›
LyrArc Article Gist
Studies by research institutions in the UK show a mutant variant of the coronavirus now in Britain and spreading in the US is about 30% more lethal as well as more contagious.

The New York Times Original article ›
The New York Times Original article ›
WSJ Original article ›
The Guardian Original article ›
LyrArc Article Gist
Britain becomes the worst performer in the G-7 countries with growth in the 1st quarter of 2017 of only 0.2%. Germany at 0.6% and France at 0.4% surpass the UK. The decline in the British pound and higher prices is slowing the economy following Brexit vote.

WSJ Original article ›
New York Times Original article ›
WSJ Original article ›
WSJ Original article ›
LyrArc Article Gist
The situation in farms and orchards in the U.S. as growers face shortages of labor to pick vegetable and fruit produce. A special visa program provides U.S. farms for vegetable and fruit produce with agricultural workers from Mexico. In 2019 this program brought in about 268,000 agricultural workers from Mexico.This report looks at the effort of companies to ensure that agricultural workers are well taken care of. This includes delivery of groceries to limit trips to nearby towns, offering food trucks with prepared meals. Problems of overcrowded housing and lack of access to health care are problems that are being tackled. Some companies are reconfiguring field work for health safety, and funding overtime work at local health clinics.

NYTimes.com Original article ›
LyrArc Article Gist
Shinjiro Koizumi 44 years, and Sanae Takaichi 64 years, contending for leadership of LDP and prime minister in Japan in September 2025, as prime minister Shigeru Ishiba resigns. LDP in Japan faces problems from aging voter base and Japan's voter shifts to nationalist parties. Ishiba faced problems rallying voters as the LDP was seen as having mostly older faces, trade issues with the US, and the cost of living economic security issues.

BBC News Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Bank of England Governor warns that British banks are undercapitalized in Nov. 2012 and need to add to reserves for additional losses.
The Guardian Original article ›
LyrArc Article Gist
The writer is Andrew Pollard, the Director of the Oxford Vaccine Group, Oxford University. The Oxford vaccine also called the Astra Zeneca Vaccine ( Covishield in India) was developed through the efforts of Oxford Vaccine Group. The return of polio to Britain shows how little one can take for granted- nothing is certain, it happens only when we make it happen with our own patient efforts, our wisdom, foresight, learning from the lessons of the past, and working together.

WSJ Original article ›
LyrArc Article Gist
There is space to notice to be mindful of where one is in the off season travel, that goes beyond just the sparse crowds and lower prices, says this report in WSJ by Sebastian Modak. There is a special feeling in that that is missing in travel at "the best time." 

The Great Misallocators

Wall Street Journal Original article ›
LyrArc Article Gist
This Journal editorial talks about the role GE Capital has played in generating profits for GE under CEO Welch, and then leading to a need for government money to help GE Capital survive. It describes as hollow the claims GE makes about leading a drive for US renewal through jobs growth and innovation when earnings were driven by a finance division for many years during the financial boom in mortgages. Capital was then massively misallocated from productive uses to speculative investments. The claims about investment in jobs in the US rings hollow says the Journal, because GE continues to cut jobs in the US- employment in the US for GE fell by 34,000 between 2000 and 2009. By inviting "government to be a industrial policy champion, a financier and a key partner," as stated in a 2008 letter to shareholders, GE CEO Immelt, says the Journal, is simply inviting the same kind of capital misallocation that led to the housing bubble.
WSJ Original article ›
LyrArc Article Gist
Two thirds of India's population of 900 million live in villages. A large number of people about 40 to 50 million are migrant workers who have gone to cities to look for work. After strict lockdown in India to stop the coronavirus from spreading many of these workers lost their jobs. As they drifted back to the villages on their own, many were sent back to their villages by the government by using the Indian Railways. In Indian states like Bihar many migrant workers sent back remittances to their villages from cities such as Mumbai and Delhi. This money helped the rural economy. Till such time as the coronavirus comes under control and these migrant workers return to the cities they will be looking for other forms of employment in the rural areas. The villages are also feeling the impact from a lack of the remittances from the cities, and the government has stepped in to help. It helps with other types of employment, and help for farmers to store and sell their produce directly to buyers without middlemen, and the government also acted to support prices for farmers. ...

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